BM&FBOVESPA has unveiled eight new currency futures contracts, Mondovisione reports. The contracts consist of two mini contracts and six contracts for currencies that are new for the Brazilian exchange. The $10,000 Mini Dollar Futures Contract is like the current Mini Dollar Futures Contract. The new contract will represent 20% of the size of the regular Dollar Futures Contract. The Mini Euro Futures Contract is similar to the Euro Futures Contract, but differs in size. This contract will be 20% of the size of the regular contract.
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